Swing Trader: Volatility Balanced Strategy v.2 (TA), an AI trading robot developed in our robot factory, has proven its mettle by generating a remarkable 4.17% gain in just two trades while focusing on the stock FVRR over the course of the previous week. Let's delve deeper into the performance of this robot and analyze the recent earning results of FVRR.
AI Trading Robot Performance:
Swing Trader: Volatility Balanced Strategy v.2 (TA) has displayed remarkable performance in navigating the volatile market conditions. The robot's ability to capture gains is evident in its recent trades with FVRR, a stock that experienced a notable shift in momentum.
FVRR's Momentum Indicator, a crucial technical indicator used to assess the strength and direction of a stock's price movement, dipped below the 0 level on May 2, 2023. This bearish signal indicates a potential shift towards a downward move in the stock's price. Traders who are monitoring FVRR may want to consider selling the stock or exploring put options as a means of capitalizing on this downward movement.
To reinforce this assessment, Tickeron's A.I.dvisor analyzed 62 similar instances where the Momentum Indicator turned negative. In an overwhelming majority of 53 out of 62 cases, the stock continued to decline in the following days. This statistical analysis suggests that there is an 85% chance of a decline in FVRR's price, further supporting the indication provided by the Momentum Indicator.
Analyzing Earning Results:
In addition to monitoring FVRR's shifting momentum, investors should also take into account the company's recent earning results. The most recent earnings report, released on May 11, revealed that FVRR exceeded market expectations.
The earnings per share (EPS) for the reported quarter stood at 36 cents, surpassing the estimated 23 cents. This positive surprise indicates that FVRR's financial performance has outperformed what analysts predicted. With 830.82K shares outstanding, the current market capitalization of FVRR sits at an impressive 1.05 billion dollars.
Swing Trader: Volatility Balanced Strategy v.2 (TA) has demonstrated its proficiency by generating significant gains in just two trades while focusing on FVRR amidst its shifting momentum. Traders who are seeking to capitalize on FVRR's potential downward move may find value in considering selling the stock or exploring put options.
The 50-day moving average for FVRR moved below the 200-day moving average on May 11, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
The Momentum Indicator moved below the 0 level on May 23, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FVRR as a result. In of 62 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
FVRR moved below its 50-day moving average on May 02, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FVRR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FVRR's RSI Oscillator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The Moving Average Convergence Divergence (MACD) for FVRR just turned positive on May 22, 2023. Looking at past instances where FVRR's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FVRR advanced for three days, in of 259 cases, the price rose further within the following month. The odds of a continued upward trend are .
FVRR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 190 cases where FVRR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.501) is normal, around the industry mean (21.615). P/E Ratio (0.000) is within average values for comparable stocks, (41.233). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.151). Dividend Yield (0.000) settles around the average of (0.023) among similar stocks. P/S Ratio (2.877) is also within normal values, averaging (10.045).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. FVRR’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. FVRR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows